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2 mins read

SBI economists see Q2 GDP growth slowing down to 6.5%; FY25 growth to be closer to 7%

Economists at SBI predict a dip in India's GDP growth to 6.5% for the September quarter, citing pre…

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2 mins read

McDonald's sales dropped for the 2nd quarter in a row as customers keep tightening their belts

Global sales at the Golden Arches fell 1.5%, driven by international markets, especially France, th…

Nora Redmond   


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2 mins read

Global manufacturing production rapidly moving toward emerging markets like India, says IMF

The International Monetary Fund (IMF), in its latest World Economic Outlook report, has highlighted…

ANI   


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2 mins read

US economic growth came in slightly under expectations but consumer spending remains strong

While third-quarter GDP came in at 2.8% compared to 3% expectations, 2024 continues to be a strong …

Madison Hoff   


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5 mins read

Why the interest-rate cut isn't delivering the relief consumers were hoping for

The 10-year Treasury yield went above 4%, leaving consumers facing high borrowing costs despite the…

Dan DeFrancesco   


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5 mins read

Things are looking up for the economy. So why are consumers still unhappy?

US consumers' confidence in the economy has dropped over finding another job. But new payroll data …

Dan DeFrancesco   


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3 mins read

Why inflation isn't returning to pre-pandemic levels — and 3 trades to capitalize on an overheating economy

Steven Blitz expects inflation to creep higher as increasing debt, changing demographics, and inter…

Christine Ji   


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2 mins read

A key US consumer indicator has dipped to 'crisis levels,' SocGen says

The US personal savings rate has dropped below 3%, a level historically associated with recessions,…

Jennifer Sor   


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3 mins read

78 pc of consumers choose digital banking over cash transactions

Nearly 80 per cent of financial institutions have seen an increase in cashless transactions over th…

ANI   


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4 mins read

America's shopping spree is over and retailers are facing a new world of cautious consumers

76% of consumers said they planned to trade down in the next quarter, spelling trouble for the weak…

Jennifer Sor   


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2 mins read

LVMH is waiting for China's consumers to shop at home

LVMH is continuing to spend big on marketing in China, even amid the country's economic gloom.

Huileng Tan   


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3 mins read

These 3 indicators are pointing to a healthy labor market similar to the pre-pandemic boom, according to Goldman Sachs

Investors shouldn't be anxious about the labor market preventing a soft landing, says Goldman's Jos…

Christine Ji   


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2 mins read

'A major shift in consumer preferences towards larger homes', says Anarock report

The average flat sizes in India's top seven cities have surged by 32% over the past five years, wit…

ANI   


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2 mins read

Indian economy likely to grow at 7-7.2 percent in FY25,Deloitte India says

Deloitte India forecasted a 7-7.2% growth rate for the Indian economy this fiscal year, citing stro…

PTI   


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3 mins read

Trump called inflation a disaster for consumers — and Musk blamed it on government waste

Higher food costs are pinching budgets and inflation eroded the value of savings, Donald Trump said…

Theron Mohamed   


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2 mins read

Companies are going bankrupt at the fastest pace since the pandemic

Bankruptcy filings this year are at the highest level in 13 years for this time of year, S&P Global…

Filip De Mott   


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2 mins read

Delinquent debt is piling up. Here's why it's not a reason to worry about the US consumer, according to BofA CEO Brian Moynihan.

More credit card debt and car loans transitioned into late payment status last quarter, per the New…

Jennifer Sor   


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3 mins read

Wages have outpaced inflation since 2020 but many consumers still feel burdened by prices

On average, wages have outpaced inflation since the pandemic, but even with those gains, plenty of …

John Towfighi   


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7 mins read

One of the pandemic's biggest booms has finally gone bust

What see-saw prices for wood tell us about America's economic future.

Emily Stewart   


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3 mins read

Cows are now spreading bird flu to each other — here's why that's problematic for humans

Avian influenza H5N1 has spread to US cattle, raising concerns about its potential to infect mammal…